UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Amerihost Properties, Inc. d/b/a Arlington Hospitality, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
03070-D-209
(CUSIP Number)
Raymond Dayan
1000 Lake Shore Plaza
Chicago, Illinois 60611
(312) 751-1325
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
October 23, 2000
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box / /.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. Seess.240.13d-7(b) for other
parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 03070-D-209 Page 2 of 6 Pages
SCHEDULE 13D
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Raymond Dayan
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / x / (b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY - 0 -
OWNED 8. SHARED VOTING POWER
BY EACH - 0 -
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON - 0 -
WITH 10. SHARED DISPOSITIVE POWER
- 0 -
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(11) EXCLUDES CERTAIN
SHARES (See Instructions) / /
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
- 0 -
14. TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP No. 03070-D-209 Page 3 of 6 Pages
SCHEDULE 13D
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Liliane R. Dayan
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / x / (b) / /
3. SEC USE ONLY
4. SOURCE OF FUNDS
PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) / /
6. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY 388, 988
OWNED 8. SHARED VOTING POWER
BY EACH - 0 -
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 388,988
WITH 10. SHARED DISPOSITIVE POWER
- 0 -
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
388,988
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(11) EXCLUDES CERTAIN
SHARES (See Instructions) / /
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.8%
14. TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP No. 03070-D-209 Page 4 of 6 Pages
Item 1. Security and Issuer.
Common Stock, par value $0.005 per share
Amerihost Properties, Inc. d/b/a Arlington Hospitality, Inc.
(the "Company")
2355 South Arlington Heights Road
Suite 400
Arlington Heights, Illinois 60005
Item 2. Identity and Background.
(a) Name:
Raymond Dayan
Liliane R. Dayan
(b) Residence Address:
1000 Lake Shore Plaza
Chicago, Illinois 60611
(c) Mr. and Mrs. Dayan are private investors.
(d) During the past five years, neither Mr. Dayan nor
Mrs. Dayan has been convicted in a criminal
proceeding (excluding traffic violations and similar
misdemeanors).
(e) During the last five years, neither Mr. Dayan nor
Mrs. Dayan has been a party to a civil proceeding of
a judicial or administrative body of competent
jurisdiction as a result of which proceeding Mr.
Dayan or Mrs. Dayan was or is subject to (i) a
judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or (ii)
a finding of any violation with respect to such laws.
(f) Mr. Dayan and Mrs. Dayan are both citizens of the
United States of America.
Item 3. Source and Amount of Funds or Other Considerations.
See Item 5(c)
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CUSIP No. 03070-D-209 Page 5 of 6 Pages
Item 4. Purpose of Transaction.
Mr. Dayan and Mrs. Dayan acquired their shares of Common
Stock, and the securities exercisable or convertible into shares of Common Stock
for investment purposes.
Neither Mr. Dayan nor Mrs. Dayan presently has any plans
regarding an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Company or a sale or transfer of a
material amount of assets of the Company or any of its subsidiaries.
Both Mr. Dayan and Mrs. Dayan reserve the right to acquire
additional shares of Common Stock, to dispose of shares of Common Stock or to
formulate other purposes, plans or proposals deemed advisable regarding the
Company.
Item 5. Interest in Securities of the Issuer.
(a) and (b) Raymond Dayan: Mr.Dayan no longer
beneficially owns any shares of Common Stock
of the Company.
Liliane R. Dayan: Through her living trust,
Liliane Dayan beneficially owns 85,277
shares of Common Stock of the Company, which
constitute 1.7% of the outstanding shares.
As trustee of the Deborah Dayan Trust dated
January 17, 1995, Liliane Dayan beneficially
owns 101,045 shares of Common Stock of the
Company, which constitute 2.0% of the
outstanding shares. Included in these shares
are options and rights to acquire 62,392
shares. As trustee of the Brigitte Dayan
Trust dated March 24, 1993, Liliane Dayan
beneficially owns 101,044 shares of Common
Stock of the Company, which constitute 2.0%
of the outstanding shares. Included in these
shares are options and rights to acquire
62,391 shares. As trustee of the Yael Dayan
Trust dated March 24, 1993, Liliane Dayan
beneficially owns 101,622 shares of Common
Stock of the Company, which constitute 2.0%
of the outstanding shares. Included in these
shares are options and rights to acquire
62,391 shares. Liliane Dayan has sole power
to vote and dispose of all such shares.
(c) Mr. Dayan gifted 63,389 shares held in the
name of his living trust to the living trust
of Mrs. Dayan on October 23, 2000. The
Deborah Dayan Trust dated January 17, 1995,
the Brigitte Dayan Trust dated March 24,
1993 and the Yael Dayan Trust dated March
24, 1993 acquired options to purchase
20,834, 20,833 and 20,833 shares of Common
Stock, respectively, on October 13, 2000.
These options have an exercise price of
$3.794 and were issued in connection with
certain transactions involving joint
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CUSIP No. 03070-D-209 Page 6 of 6 Pages
ventures with Amerihost in which the Dayans
have an equity interest.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understanding or Relationships with
Respect to Securities of the Issuer.
Neither Mr. Dayan nor Mrs. Dayan is a party to any contracts,
arrangements, understandings or relationships with respect to the securities of
the Company.
Item 7. Material to be filed as Exhibits.
None.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
November 28, 2000 /s/ Raymond Dayan
----------------------------------------------
Raymond Dayan
/s/ Liliane R. Dayan
----------------------------------------------
Liliane R. Dayan
